Salzgitter (OTCMKTS:SZGPY – Get Free Report) is expected to announce its earnings results on Friday, March 21st. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $2.33 billion for the quarter.
Salzgitter Price Performance
Salzgitter stock opened at $2.61 on Friday. The company’s 50 day simple moving average is $1.90 and its 200 day simple moving average is $1.77. Salzgitter has a fifty-two week low of $1.40 and a fifty-two week high of $2.74. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of -6.69 and a beta of 1.57.
Analyst Upgrades and Downgrades
Separately, DZ Bank raised shares of Salzgitter from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 6th.
About Salzgitter
Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading.
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